Today is diwali.Well lets check out the world scenario.Nikki the japanese market hits its lowest level in 26 years.Obama is still leading against mcain.Lets talk about the  US Presedential election.I think the repulicans are reponsible for their own problems.First chossing the vice president was very important given Mcains age but they chose Palin,who i believe has the capacity but then without much prior experience she has become the target of severe criticism.Add to that reports that she spent lots of money on clothing,irregularities as the governer of alaska and rumours of her going rogue in meeting are a perfect concoction for disaster.Also president Bush is hugely unpopular making Mcain distance him from a republican president.The opposition camp is trying to channel all the anger against Bush into support for democrats and they have suceeded.Also this time around republicans were beaten in fundraising by ratio of  2:1.I think that Mcain can still win the election.Obama's lead has decreased over the past few weeks.Mcain just might win this election afterall but the odds are against him for sure.From the Indian perspective I think a repulican president will be good because they have been the forefront of the mvement for good relations with India. But i guess the foundaton has been laid and indo-us relations would continue to grow.